The company's board approved a bonus issue of equity shares in a 1:2 ratio (1 new share for every 2 held). Eligible shareholders will be determined by a Record Date to be fixed.

This move will increase the paid-up share capital from Rs. 6.84 Cr to up to Rs. 10.27 Cr, funded from the Securities Premium Account (Rs. 72.25 Cr available). This bonus issue aims to reward shareholders and likely enhance share liquidity and market participation.